VISIT THHEALTHCARE.COM - The Healthcare & Life Sciences division of Technology Holdings

Technology Holdings advises IQ Backoffice on its sale to Hrmall, an Ayala Group Company

Apr 2011
Has been acquired by

F&A Platform BPO and HRO

View Transaction Details
Technology Holdings advises IQ Backoffice on its sale to Hrmall, an Ayala Group Company
Seller IQ BackOffice
Buyer Hrmall
Focus Sector F&A Platform BPO and HRO
Date April 2011

Technology Holdings is pleased to announce that our client IQ BackOffice has been acquired by the Ayala Group, one of the largest business groups in the Philippines. IQ BackOffice is a leading provider of F&A BPO and HRO services with headquarters in California and offices in Los Angeles and Chennai. The company was ranked in the Black Book of Outsourcing's Top 3 Accounts Payable vendors in 2008 and 2009. Technology Holdings was the exclusive advisor on the transaction.

IQ BackOffice leverages a proprietary platform and transaction based pricing to deliver F&A BPO and HRO services at industry leading margins to over 30 clients in Manufacturing, Distribution, BFSI, Entertainment, Restaurant chains and other verticals.

IQ BackOffice entered into the transaction with HRMall Inc, an Ayala Group BPO firm that offers IT-enabled HRO services from Manila. The transaction allows the combination to offer both F&A BPO and HRO services, and significantly enhance its global footprint in the $24 bn F&A BPO and $36 bn HRO industry segments. David Schnitt, the founder and CEO of IQ BackOffice will remain with the company to drive the next phase of its growth.

Group 9
Transactions
Group 9
Apr 2024
Has been acquired by

Financial Services Management Consulting

View Transaction Details
Mar 2024
Has been acquired by

Marketing Automation

View Transaction Details
Technology Holdings advises The Lumery, a leading MarTech consultancy, on its strategic sale to Accenture
Feb 2024
Majority acquired by

Insurance Technology Services & IP

View Transaction Details
Technology Holdings advises InsurTech specialist Aggne, on the acquisition of a majority stake by Wipro for $66 Million
Dec 2023
Has been acquired by

Salesforce Consulting & IP

View Transaction Details
Technology Holdings advises ForeFront, a Salesforce Summit Partner, on its strategic sale to NEORIS
Nov 2023
Has been acquired by

ServiceNow Consulting & Managed Services

View Transaction Details
Technology Holdings advises ServiceNow Elite Partner Unifii on its strategic sale to Bain Capital backed Inetum
Nov 2023
Has been acquired by

Management Consulting & Digital Transformation

View Transaction Details
Technology Holdings advises Management Consulting led Digital Transformation Specialist, WINNING Consulting on its strategic sale to Alan Allman Associates
Nov 2023
Has been acquired by

Digital Transformation Agency

View Transaction Details
Technology Holdings advises Digital Transformation Agency, Cyber-Duck on its strategic sale to CACI
Oct 2023
Private Equity Buyout

B2B Marketing Services & Marketing Automation

View Transaction Details
Technology Holdings advises B2B Marketing & Marketing Automation Specialist, Quarry on its sale to private equity fund, RTC Partners
Aug 2023
Has been acquired by

Fintech Software Engineering

View Transaction Details
Technology Holdings advises Woodridge Software, a Fintech Software Development Company, on its sale to RCG Global Services
Jun 2023
Has been acquired by

Software Engineering, Telco & Embedded Systems

View Transaction Details
Technology Holdings advises DEK Technologies, a Software Engineering and Embedded Systems Specialist, on its strategic sale to Endava
May 2023
Has been acquired by

Life Sciences Commercialization & Marketing

View Transaction Details
Technology Holdings advises The Kinetix Group, a Life Sciences Commercialization and Marketing company, on its sale to Petauri Health
Apr 2023
Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to AIOPSGROUP, a digital commerce specialist on its strategic sale to valantic, a Munich-headquartered digital solutions, consulting and software company with more than 500 large clients, including 32 of the 40 listed German blue chips.
Has been acquired by
TECHNOLOGY HOLDINGS ADVISES AIOPSGROUP, A DIGITAL COMMERCE, SALESFORCE AND AIOPS SPECIALIST, ON ITS STRATEGIC SALE TO VALANTIC

Digital Commerce, Salesforce & AIOPs

View Transaction Details
Technology Holdings advises AIOPSGROUP, a Digital Commerce, Salesforce and AIOPs specialist, on its strategic sale to valantic
Mar 2023
Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to SUAZIO, a leading data-driven Life Sciences and MedTech consultancy on its strategic sale to NAMSA, the world's leading MedTech CRO, an Archimed portfolio company headquartered in the United States.
Has been acquired by

Life Sciences & MedTech Consulting

View Transaction Details
Technology Holdings advises SUAZIO, A Data-Driven Life Sciences and MedTech Strategic Consultancy, on its strategic sale to NAMSA
Feb 2023
Has been acquired by

Hyperautomation, BPM, AI & Data Science

View Transaction Details
Technology Holdings advises Humans4Help, a Hyperautomation, AI & Data Science Specialist, on its strategic sale to Alan Allman Associates